Broadwater County, Montana Housing Market

In Broadwater County, Montana, the median home value is $426,600, with a median monthly rent of $955. This places Broadwater County at #237 nationally out of 3134 counties by median home value, and #8 within Montana.

Median Home Value $426,600
Median Rent $955/mo
Owner Occupancy 87.8%
Price/Rent Ratio 37.2

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Broadwater County fell -0.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

1,306
jobs (private sector)
  • Avg weekly wage: $909
  • Establishments: 261
  • BLS QCEW, 2025
🏗️

Housing Supply

3
new units authorized (2025)
  • Single-family: 3
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+402
net migration (filers, 2021-2022)
  • Inflow: 2,970 (avg $84,533)
  • Outflow: 2,568 (avg $83,727)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 3 active ZIP codes in Broadwater County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 59752 455.2 -6.43% 2025
2 59644 393.4 -0.92% 2025
3 59635 373.0 +1.50% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Broadwater County Compares

MetricBroadwater CountyMontana AverageU.S. Average
Median Home Value $426,600 $276,876 $227,706
Median Gross Rent $955 $842 $968
Owner Occupancy Rate 87.8% 73.0% 73.3%
Price/Rent Ratio 37.2 27.2 18.7

Market Analysis

The median home value in Broadwater County is 54.1% above the Montana state average and 87.3% above the U.S. national average. The median rent of $955/month is 13.4% above the state average.

With a price-to-rent ratio of 37.2, Broadwater County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.

Broadwater County has an owner-occupancy rate of 87.8%, compared to 73.0% in Montana and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Weber County Utah $426,700 $1,379
Storey County Nevada $426,400 $1,153
Prince George's County Maryland $426,000 $1,799
Comal County Texas $427,200 $1,603
Juab County Utah $425,400 $907

Other Counties in Montana

CountyMedian Home ValueMedian RentOwner Occ.
Lake County $421,800 $901 75.0%
Carbon County $420,800 $844 78.0%
Jefferson County $446,900 $925 84.2%
Stillwater County $405,800 $961 82.9%
Lewis and Clark County $393,500 $1,102 70.1%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).